Flaherty & Crumrine Preferred Securities Income Fund Inc. Declares Dividend for May, June and July, Payable on May 29, 2020, June 30, 2020 and July 31, 2020 Respectively
April 24, 2020 at 10:00 pm IST
Share
Flaherty & Crumrine Preferred Securities Income Fund Inc. declared dividend of $0.118 per share for May, June and July, 2020. May dividend payment date is May 29, 2020, record date is May 22, 2020 and ex-dividend date is May 21, 2020. June dividend payment date is June 30, 2020, record date is June 23, 2020 and ex-dividend date is June 22, 2020. July dividend payment date is July 31, 2020, record date is July 24, 2020 and ex-dividend date is July 23, 2020.
Flaherty & Crumrine Preferred and Income Securities Fund Incorporated (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is to provide its common shareholders with high current income consistent with preservation of capital. The Fund invests at least 80% of its managed assets in a portfolio of preferred and other income-producing securities. The Fund invests at least 25% of its total assets in the financials sector, which for this purpose is comprised of the bank, thrifts and mortgage finance, diversified financial services, finance, consumer finance, capital markets, asset management and custody, investment banking and brokerage, insurance, insurance brokerage, and real estate investment trust industries. The Fund is also focused on investments in other sectors, such as energy, industrials, utilities, communications and pipelines. The Fund's investment adviser is Flaherty & Crumrine Incorporated.
Flaherty & Crumrine Preferred Securities Income Fund Inc. Declares Dividend for May, June and July, Payable on May 29, 2020, June 30, 2020 and July 31, 2020 Respectively